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Slovenia Business Week no. 36: Survey Shows Sharp Drop in Business Sentiment

A survey by the Chamber of Commerce and Industry (CCIS) has shown a sharp decline in the business sentiment among Slovenian companies. According to the Business Barometer survey, the sentiment indicator fell 15% in the second quarter to 29%

The main reason for the downbeat result is the weak outlook by Slovenian companies for the second half of this year, the CCIS said on Thursday, 01 September.

According to Nina Presern, the survey found an improvement in the assessment of current operations among Slovenian companies for the second quarter. However, that was offset by the gloomy outlook for the next six months.

"Given the global business picture, including the high prices of raw materials and the uncertainty surrounding Slovenia's biggest business partners, the result is more than understandable," Presern said.

According to her, the results of the June sentiment survey are still "quite positive" compared to a similar survey conducted among Austrian executives.

The survey found that 32% of Slovenian companies believe that their current operations are good, 54% think they are satisfactory, while 14% were not happy with them.

Source: Slovene Press Agency STA

Author: STA